Al Marwan Developments launches District 11 in Sharjah, the UAE’s first AI-designed smart work resort, with offices and a 368-unit hotel
Industries
Latest in Industries
kuwait oil production
OPEC+ nations led by Saudi Arabia and UAE to increase oil production by 137,000 barrels per day in December
Eight OPEC+ nations led by Saudi Arabia and the UAE will raise oil production by 137,000 barrels per day before pausing increases
flyadeal
Saudi Arabia’s most punctual airports and airlines revealed
Saudi Arabia’s GACA report names Riyadh, Dammam and AlUla among the most punctual airports, as flyadeal leads airlines for punctuality
Federal Tax Authority
UAE tax compliance grows as FTA sees 651,000 corporate registrants and VAT refund surge
UAE Federal Tax Authority reports global-level tax compliance, over 651,000 corporate registrants, and $31.4m in VAT refunds
Dubai Land Department
Dubai real estate sector recorded $5.6bn of transactions last week, including $24m Business Bay apartment
The Dubai real estate sector saw $5.6bn of transactions and 4,461 sales last week, including an apartment sold for $24m
Aviation
Saudia launches first fully internet-enabled flight with free high-speed WiFi for all passengers
Saudia Airlines launches its first fully internet-enabled flight with free WiFi reaching 300 Mbps, marking major digital transformation
ADGM
ADGM turns 10 as Abu Dhabi’s $28.6tn finance hub achieves record growth
ADGM celebrates 10 years of growth with $28.6tn global assets, 308 financial firms, and a 135% rise since 2021 in Abu Dhabi
Dubai Duty Free
Dubai Duty Free records record $221m sales as perfume, gold and fashion soar
Dubai Duty Free achieved record October sales of $221m with perfume, gold, and fashion driving growth during Diwali
Entrepreneur
Fitness influencer’s Neutonic drink makes unusual promise
If you don’t like James Smith’s products, he’ll refund you from his own bank account
Ajman real estate market
Ajman real estate market hits $872m in Q3 as commercial deals surge 48.6 per cent
Ajman property market recorded $872m in real estate transactions in Q3 2025, driven by a 48.6% jump in commercial property deals
Dubai private schools
Dubai schools: UK’s Queen Elizabeth’s to open Sports City branch in 2026
UK’s top state grammar Queen Elizabeth’s School will open its first overseas branch in Dubai Sports City in 2026 after KHDA approval
Global Health Exhibition
Saudi Arabia’s Global Health Exhibition 2025 delivers $35.5bn in deals
Global Health Exhibition 2025 closed with $35.5bn in deals, a 54% rise in international attendees, and major Saudi announcements
Dubai population
Dubai property sales hit 50,000 in Q3 as population passes 4m
Dubai real estate market saw over 50,000 home sales in Q3 2025 as population surpassed 4 million, driven by strong demand
petrol prices
UAE petrol prices slashed in November 2025
UAE petrol prices set to tumble in November following slight increase in previous month
Aqua Labs backs UAE’s Vision 2030 with launch of $20mn startup fund
The programme invites founders worldwide to apply for funding, mentorship, and access to Web3 infrastructure
Alpha Dhabi sells 8.5% Modon stake to Abu Dhabi government’s L’imad Holding
The wholly owned entity of the Abu Dhabi Government now owns majority share in Modon after buying IHC and ADQ stakes as well
ADNOC Distribution delivers its strongest EBITDA since IPO for Q3
Quarterly EBITDA of $319mn is the highest ever, up 15.9%; Net profit surged to $221mn, up 21.5%; Record 9M fuel volumes at 11.7 billion litres
